Optimum Communications, Inc. — Chart, Price & News (NYSE:OPTU)

Open full chart

Financials

Overview Relevé Statistics Dividends

Quarterly Annual

Market Capitalization 646.8828 M
Employee 9 500
Founded 2015
CEO Dennis Mathew
Website www.alticeusa.com
Headquarter Delaware, United States
FIGI BBG00GFMPRK0
Industry Technology

Total revenue

Net income

Basic earnings per share (Basic EPS)

Total debt

Free cash flow

Cash & equivalents

646.88 M Market capitalization

Price to earnings ratio

-0.41

Price to sales ratio

0.09

Optimum Communications Inc Class A

Optimum Communications, Inc. is an American telecommunications provider owned by French–Israeli businessman Patrick Drahi. The company primarily provides digital cable television and broadband services in the New York metropolitan area as well as in several Midwestern and Southern U.S. states. With approximately 4.9 million residential and business customers in 21 U.S. states as of 2017 it is the fourth-largest telecommunications company in the United States. Optimum is based at One Court Square in Long Island City, Queens, New York City. The company's operational center is located at Cablevision's former headquarters in Bethpage, Nassau County, New York, on Long Island. The company was formed via the acquisitions of Suddenlink Communications and Cablevision by Drahi's Altice in 2016. In 2017, the subsidiary went public on the New York Stock Exchange, and in 2018 was spun off from Altice as an independent company, although it still remains controlled by Drahi. The company operates cable television and broadband services under the brand Optimum, which originated from Cablevision; the brand was extended to Suddenlink's systems in 2022, and became Altice USA's corporate name in 2025.